Key Insights:
- Cardano price rallies 9% as whales bag 100 million ADA within 24 hours.
- Cardano price traded around $0.91 after a monthly gain of 12%.
- Analysts tracked momentum indicators pointing to potential upside.
Cardano price tested important resistance zones in August 2025. Analysts tracked whale buying and technical indicators that suggested conditions for a potential breakout.
At the time of writing, ADA traded around $0.92 after adding around 9% in 24 hours and trading flat over the past week.
Cardano Price Faced Resistance at $0.95
Analysts said Cardano price showed momentum while Bitcoin’s dominance cooled. A lower Bitcoin share often created space for altcoins to recover.
Trader Sssebi said ADA reclaimed levels close to $0.92. This aligned with the upper boundary of a descending triangle pattern. He noted that a candle close above that region would mark an early sign of strength.
He added that $0.95 was the critical confirmation level. A break above this line would create a new local high. It would also validate a reversal structure that could support a broader recovery trend.
The immediate support rested near $0.90. Analysts said this area was backed by healthy trading volumes. If ADA stayed above that base, it could set the stage for further upside.
At press time, the ADA relative strength index (RSI) was not overbought. Analysts said this left room for momentum to continue higher. If resistance near $0.95 broke, the next targets sat between $1.00 and $1.05.
Cardano Price Indicators Showed Bullish Momentum
Trend Rider, a market watcher, said oscillators pointed toward building strength. Oscillators are tools that measure momentum and potential turning points. He noted that ADA oscillators curled upward near $0.85.
He explained that this zone often marked areas where positive momentum started to accelerate. Market data showed oscillators approached thresholds that signaled trend shifts. Analysts said this alignment supported a view of improving sentiment.
As oscillators climbed, they neared a level where signals flipped from neutral to positive. If that transition is completed, analysts said conditions would favor sustained recovery. They added that this scenario could allow ADA to move beyond short-term resistance zones.
Market sentiment aligned with technical data. Traders said the combination of building momentum and holding support levels placed ADA closer to a breakout phase.
ADA Whales’ Backing in Focus
On-chain analyst Ali Martinez reported that whales bought about 100 million ADA within 24 hours. Whales are large holders whose moves often impact liquidity.
Analysts said such accumulation showed conviction among big investors. They added that demand from whales often worked as a buffer against short-term volatility. The timing of this activity, as Cardano price tested resistance, added weight to bullish technical signals.
Historical data showed that strong whale buying often came before larger price swings. Market watchers said this pattern appeared again as whales positioned around key resistance.
Long-term chart structures also gained attention. Analysts noted that ADA repeated fractal patterns from earlier bull cycles. These included higher lows and pullback formations that often preceded upward legs.
Crypto analyst Javon TM said ADA could be entering a bullish stage if support levels held. He projected a possible path that aligned with targets near $8 over time. That would require sustained resistance breaks and consistently higher supports.
Cardano Price Outlook: Here’s All
Analysts said Cardano price stood at a decisive point. Whale accumulation, momentum indicators, and support levels all aligned toward a potential move higher.
The short-term focus remained on the $0.95 to $1.00 area. Market watchers said a clean break above this range would confirm strength. It would also signal that ADA momentum shifted back to the upside with stronger conviction.
At the time of writing, ADA price held near $0.92 after a monthly gain of about 12%. The combination of technical setups and whale activity suggested the next sessions would determine if ADA could sustain a breakout toward higher levels.
Source: https://www.thecoinrepublic.com/2025/08/23/cardano-price-tests-key-levels-as-whales-buy-100m-ada/